SteelOrbis has learned from market sources that Spanish mesh quality and drawing quality wire rod export offers have increased by €5/mt ($7/mt) since last week to €450-455/mt ($621-628/mt) FOB and €465-470/mt ($642-649/mt) FOB respectively.
Meanwhile, local wire rod prices in Spain have also increased by €5/mt ($7/mt) over the past week to €460-465/mt ($635-642/mt) delivered, excluding 21 percent VAT.
€1 = $1.38
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.